Stories of pink slips and losing jobs abound among the Indian American community in the US. In fact, this seems to be the only topic of conversation when two techies meet or at any of their social gatherings.
1 out of 10 jobs in the US is auto related, in peril as economy crashes.
http://www.ibnlive.com/news/us-auto-sector-in-crisis-big-three-cry-for-bailout/78328-7.html
The Fed says economic slowdown is affecting consumer expenditures.
http://www.ibnlive.com/news/us-fed-cuts-rates-by-half-point-to-combat-crisis/77037-7.html
A big catalyst for the late-day surge was a huge drop in the Japanese yen.
http://www.ibnlive.com/news/wall-street-opens-on-high-note-on-ratecut-hopes/76949-16.html
There seems no immediate light at the end of the tunnel.
http://www.ibnlive.com/news/world-markets-fall--indian-markets-sink--markets-close/76637-7.html
Central banks around the world cut interest rates on Wednesday.
http://www.ibnlive.com/news/world-central-banks-join-hands-make-historic-rate-cut/75362-7.html
CNN-IBN's Akansha Banerji explains UK’s $87-bn bailout plan.
http://www.ibnlive.com/news/explained-british-banks-catch-the-american-bug/75343-7.html
US is not the only country which has cut interest rates.
http://www.ibnlive.com/news/us-fed-reserve-slashes-interest-by-half-pc/75342-7.html
It is a departure of the reserve's earlier stand of lowering rates.
http://www.ibnlive.com/news/fed-reserve-hints-interest-rate-cut-to-boost-liquidity/75311-16.html
Economist Amir Ullah Khan said India economy not affected much.
http://www.ibnlive.com/news/view-chat-indian-economy-robust-well-regulated/75244-7.html
US lawmakers voted against the proposed intervention in the economy.
http://www.ibnlive.com/news/asian-mkts-plummet-as-us-rejects-bailout-plan--more/74654-16.html
US president George W Bush has been rallying hard to win the bailout.
http://www.ibnlive.com/news/us-lawmakers-reject-700billion-bailout-plan--more/74637-2.html
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